See that 10 year ***** gold chart above? The price direction is down... And thats the broader trend. Many analysts expect gold to spend 2015 around 1200 possibly lower, so no need to get too excited.
Fear drives markets down quicker and faster than optimism drives them up. People have long memories on gold, many have lost millions in capital, not to mention opportunity costs and dividends in more sensible markets,and a little fear will spark another sharp exodus from the '5000 year store of wealth'
by all means read the newsletter writers for a (grossly) more bullish outlook but when you do remember that Hamilton and Schiff and crew have been consistently wrong calling gold direction for many years.
